Proponent Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Proponent Federal Credit Union 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Proponent Federal Credit Union 536 Washington Ave. Nutley, NJ 07110 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 882 |
| Total Mortgage Loan Application Amount | $188,330,000 |
| Average Mortgage Loan Application Amount | $215,600 |
| Highest Mortgage Loan Application Amount | $2,005,000 |
| Average Applicant Income | $161,400 |
| Highest Applicant Income | $8,060,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Proponent Federal Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Proponent Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Proponent Federal Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Proponent Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Proponent Federal Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Proponent Federal Credit Union's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Essex County New Jersey | 161 | $ 32,675,000 | $ 202,000 | $ 142,000 |
| Alamance County North Carolina | 110 | $ 12,500,000 | $ 113,000 | $ 96,000 |
| Bergen County New Jersey | 60 | $ 14,680,000 | $ 244,000 | $ 176,000 |
| Passaic County New Jersey | 42 | $ 7,860,000 | $ 187,000 | $ 155,000 |
| Morris County New Jersey | 41 | $ 14,155,000 | $ 345,000 | $ 226,000 |
| Somerset County New Jersey | 28 | $ 8,450,000 | $ 301,000 | $ 188,000 |
| Guilford County North Carolina | 25 | $ 3,625,000 | $ 145,000 | $ 101,000 |
| Ocean County New Jersey | 19 | $ 4,405,000 | $ 231,000 | $ 580,000 |
| Union County New Jersey | 18 | $ 4,080,000 | $ 226,000 | $ 162,000 |
| Hudson County New Jersey | 16 | $ 3,940,000 | $ 246,000 | $ 140,000 |
| Sussex County New Jersey | 14 | $ 2,390,000 | $ 170,000 | $ 161,000 |
| Wake County North Carolina | 14 | $ 2,320,000 | $ 165,000 | $ 106,000 |
| Middlesex County New Jersey | 11 | $ 2,535,000 | $ 230,000 | $ 154,000 |
| Monmouth County New Jersey | 11 | $ 2,785,000 | $ 253,000 | $ 172,000 |
| Warren County New Jersey | 10 | $ 990,000 | $ 99,000 | $ 128,000 |
| San Mateo County California | 9 | $ 6,005,000 | $ 667,000 | $ 274,000 |
| Northampton County Pennsylvania | 9 | $ 1,055,000 | $ 117,000 | $ 82,000 |
| Broward County Florida | 8 | $ 1,750,000 | $ 218,000 | $ 123,000 |
| Mercer County New Jersey | 8 | $ 1,760,000 | $ 220,000 | $ 209,000 |
| Alameda County California | 7 | $ 5,495,000 | $ 785,000 | $ 294,000 |
| Contra Costa County California | 7 | $ 4,595,000 | $ 656,000 | $ 313,000 |
| Hunterdon County New Jersey | 7 | $ 1,725,000 | $ 246,000 | $ 100,000 |
| Chatham County North Carolina | 7 | $ 915,000 | $ 130,000 | $ 136,000 |
| Monroe County Pennsylvania | 7 | $ 615,000 | $ 87,000 | $ 123,000 |
| San Francisco County California | 6 | $ 4,440,000 | $ 740,000 | $ 342,000 |
| Orange County North Carolina | 6 | $ 620,000 | $ 103,000 | $ 119,000 |
| Collier County Florida | 4 | $ 790,000 | $ 197,000 | $ 196,000 |
| Hillsborough County Florida | 4 | $ 720,000 | $ 180,000 | $ 136,000 |
| Clark County Nevada | 4 | $ 1,150,000 | $ 287,000 | $ 80,000 |
| Burlington County New Jersey | 4 | $ 550,000 | $ 137,000 | $ 88,000 |
| Kings County New York | 4 | $ 770,000 | $ 192,000 | $ 141,000 |
| Brunswick County North Carolina | 4 | $ 460,000 | $ 115,000 | $ 145,000 |
| Caswell County North Carolina | 4 | $ 330,000 | $ 82,000 | $ 57,000 |
| Durham County North Carolina | 4 | $ 580,000 | $ 145,000 | $ 80,000 |
| Mecklenburg County North Carolina | 4 | $ 400,000 | $ 100,000 | $ 78,000 |
| Pike County Pennsylvania | 4 | $ 680,000 | $ 170,000 | $ 107,000 |
| Horry County South Carolina | 4 | $ 530,000 | $ 132,000 | $ 120,000 |
| Miami-Dade County Florida | 3 | $ 595,000 | $ 198,000 | $ 167,000 |
| Palm Beach County Florida | 3 | $ 2,275,000 | $ 758,000 | $ 238,000 |
| Fulton County Georgia | 3 | $ 335,000 | $ 111,000 | $ 108,000 |
| Howard County Maryland | 3 | $ 665,000 | $ 221,000 | $ 118,000 |
| Barnstable County Massachusetts | 3 | $ 1,015,000 | $ 338,000 | $ 77,000 |
| Maricopa County Arizona | 2 | $ 110,000 | $ 55,000 | $ 129,000 |
| Napa County California | 2 | $ 660,000 | $ 330,000 | $ 206,000 |
| San Diego County California | 2 | $ 1,030,000 | $ 515,000 | $ 398,000 |
| Santa Clara County California | 2 | $ 1,670,000 | $ 835,000 | $ 281,000 |
| Fairfield County Connecticut | 2 | $ 50,000 | $ 25,000 | $ 175,000 |
| Sussex County Delaware | 2 | $ 340,000 | $ 170,000 | $ 153,000 |
| Manatee County Florida | 2 | $ 780,000 | $ 390,000 | $ 140,000 |
| Pinellas County Florida | 2 | $ 170,000 | $ 85,000 | $ 81,000 |
| Chatham County Georgia | 2 | $ 40,000 | $ 20,000 | $ 45,000 |
| Putnam County Georgia | 2 | $ 450,000 | $ 225,000 | $ 167,000 |
| Douglas County Kansas | 2 | $ 380,000 | $ 190,000 | $ 135,000 |
| Essex County Massachusetts | 2 | $ 470,000 | $ 235,000 | $ 130,000 |
| Plymouth County Massachusetts | 2 | $ 500,000 | $ 250,000 | $ 155,000 |
| Camden County New Jersey | 2 | $ 410,000 | $ 205,000 | $ 169,000 |
| Cape May County New Jersey | 2 | $ 460,000 | $ 230,000 | $ 197,000 |
| New York County New York | 2 | $ 950,000 | $ 475,000 | $ 170,000 |
| Richmond County New York | 2 | $ 780,000 | $ 390,000 | $ 135,000 |
| Rockland County New York | 2 | $ 700,000 | $ 350,000 | $ 208,000 |
| Westchester County New York | 2 | $ 500,000 | $ 250,000 | $ 120,000 |
| Cabarrus County North Carolina | 2 | $ 590,000 | $ 295,000 | $ 124,000 |
| Granville County North Carolina | 2 | $ 380,000 | $ 190,000 | $ 178,000 |
| Johnston County North Carolina | 2 | $ 60,000 | $ 30,000 | $ 30,000 |
| Rockingham County North Carolina | 2 | $ 190,000 | $ 95,000 | $ 173,000 |
| Noble County Ohio | 2 | $ 70,000 | $ 35,000 | $ 56,000 |
| Bucks County Pennsylvania | 2 | $ 350,000 | $ 175,000 | $ 268,000 |
| Philadelphia County Pennsylvania | 2 | $ 150,000 | $ 75,000 | $ 60,000 |
| Beaufort County South Carolina | 2 | $ 350,000 | $ 175,000 | $ 530,000 |
| Davidson County Tennessee | 2 | $ 500,000 | $ 250,000 | $ 83,000 |
| Loudoun County Virginia | 2 | $ 840,000 | $ 420,000 | $ 290,000 |
| Patrick County Virginia | 2 | $ 270,000 | $ 135,000 | $ 76,000 |
| Houston County Alabama | 1 | $ 25,000 | $ 25,000 | $ 58,000 |
| Jefferson County Alabama | 1 | $ 125,000 | $ 125,000 | $ 53,000 |
| Winston County Alabama | 1 | $ 75,000 | $ 75,000 | $ 32,000 |
| Gila County Arizona | 1 | $ 395,000 | $ 395,000 | $ 137,000 |
| Pima County Arizona | 1 | $ 405,000 | $ 405,000 | $ 440,000 |
| Los Angeles County California | 1 | $ 285,000 | $ 285,000 | $ 73,000 |
| Marin County California | 1 | $ 155,000 | $ 155,000 | $ 283,000 |
| Placer County California | 1 | $ 45,000 | $ 45,000 | $ 254,000 |
| Riverside County California | 1 | $ 125,000 | $ 125,000 | $ 300,000 |
| Sacramento County California | 1 | $ 155,000 | $ 155,000 | $ 72,000 |
| San Bernardino County California | 1 | $ 105,000 | $ 105,000 | $ 298,000 |
| Stanislaus County California | 1 | $ 25,000 | $ 25,000 | $ 117,000 |
| Ventura County California | 1 | $ 355,000 | $ 355,000 | $ 202,000 |
| Litchfield County Connecticut | 1 | $ 355,000 | $ 355,000 | $ 274,000 |
| Lee County Florida | 1 | $ 165,000 | $ 165,000 | $ 50,000 |
| Seminole County Florida | 1 | $ 145,000 | $ 145,000 | $ 93,000 |
| St. Johns County Florida | 1 | $ 155,000 | $ 155,000 | $ 71,000 |
| Suwannee County Florida | 1 | $ 195,000 | $ 195,000 | $ 68,000 |
| Volusia County Florida | 1 | $ 135,000 | $ 135,000 | $ 58,000 |
| Brantley County Georgia | 1 | $ 35,000 | $ 35,000 | $ 62,000 |
| Camden County Georgia | 1 | $ 125,000 | $ 125,000 | $ 51,000 |
| Cherokee County Georgia | 1 | $ 45,000 | $ 45,000 | $ 120,000 |
| Coweta County Georgia | 1 | $ 65,000 | $ 65,000 | $ 141,000 |
| DeKalb County Georgia | 1 | $ 25,000 | $ 25,000 | $ 144,000 |
| Gwinnett County Georgia | 1 | $ 105,000 | $ 105,000 | $ 140,000 |
| Pike County Georgia | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
| Rockdale County Georgia | 1 | $ 205,000 | $ 205,000 | $ 83,000 |
| Cook County Illinois | 1 | $ 45,000 | $ 45,000 | $ 100,000 |
| Kane County Illinois | 1 | $ 35,000 | $ 35,000 | $ 75,000 |
| Shawnee County Kansas | 1 | $ 235,000 | $ 235,000 | $ 183,000 |
| Iberia County Louisiana | 1 | $ 25,000 | $ 25,000 | $ 60,000 |
| Baltimore City County Maryland | 1 | $ 155,000 | $ 155,000 | $ 43,000 |
| Montgomery County Maryland | 1 | $ 5,000 | $ 5,000 | $ 196,000 |
| Middlesex County Massachusetts | 1 | $ 605,000 | $ 605,000 | $ 161,000 |
| Norfolk County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 140,000 |
| Kalkaska County Michigan | 1 | $ 55,000 | $ 55,000 | $ 33,000 |
| Hennepin County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 98,000 |
| Washington County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 117,000 |
| DeSoto County Mississippi | 1 | $ 275,000 | $ 275,000 | $ 109,000 |
| Christian County Missouri | 1 | $ 65,000 | $ 65,000 | $ 131,000 |
| Daviess County Missouri | 1 | $ 225,000 | $ 225,000 | $ 79,000 |
| Gallatin County Montana | 1 | $ 485,000 | $ 485,000 | $ 246,000 |
| Lewis and Clark County Montana | 1 | $ 35,000 | $ 35,000 | $ 90,000 |
| Atlantic County New Jersey | 1 | $ 125,000 | $ 125,000 | $ 164,000 |
| Gloucester County New Jersey | 1 | $ 185,000 | $ 185,000 | $ 85,000 |
| Eddy County New Mexico | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Bronx County New York | 1 | $ 105,000 | $ 105,000 | $ 60,000 |
| Nassau County New York | 1 | $ 125,000 | $ 125,000 | $ 224,000 |
| Niagara County New York | 1 | $ 145,000 | $ 145,000 | $ 168,000 |
| Queens County New York | 1 | $ 575,000 | $ 575,000 | $ 185,000 |
| Schenectady County New York | 1 | $ 95,000 | $ 95,000 | $ 408,000 |
| Craven County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 85,000 |
| Forsyth County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 176,000 |
| Gaston County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 142,000 |
| Harnett County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 249,000 |
| Lincoln County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 97,000 |
| New Hanover County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 55,000 |
| Randolph County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 107,000 |
| Union County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 248,000 |
| Vance County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 65,000 |
| Wayne County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 64,000 |
| Delaware County Ohio | 1 | $ 45,000 | $ 45,000 | $ 106,000 |
| Franklin County Ohio | 1 | $ 225,000 | $ 225,000 | $ 44,000 |
| Lucas County Ohio | 1 | $ 85,000 | $ 85,000 | $ 69,000 |
| Medina County Ohio | 1 | $ 75,000 | $ 75,000 | $ 155,000 |
| Summit County Ohio | 1 | $ 125,000 | $ 125,000 | $ 108,000 |
| Allegheny County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 34,000 |
| Chester County Pennsylvania | 1 | $ 405,000 | $ 405,000 | $ 221,000 |
| Lehigh County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 86,000 |
| Montgomery County Pennsylvania | 1 | $ 495,000 | $ 495,000 | $ 320,000 |
| York County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 156,000 |
| Berkeley County South Carolina | 1 | $ 25,000 | $ 25,000 | $ 157,000 |
| Dorchester County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 50,000 |
| Florence County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Lancaster County South Carolina | 1 | $ 35,000 | $ 35,000 | $ 38,000 |
| Henry County Tennessee | 1 | $ 15,000 | $ 15,000 | $ 81,000 |
| Loudon County Tennessee | 1 | $ 495,000 | $ 495,000 | $ 141,000 |
| Montgomery County Tennessee | 1 | $ 145,000 | $ 145,000 | $ 38,000 |
| Rhea County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 235,000 |
| Denton County Texas | 1 | $ 325,000 | $ 325,000 | $ 98,000 |
| Salt Lake County Utah | 1 | $ 95,000 | $ 95,000 | $ 160,000 |
| Brunswick County Virginia | 1 | $ 65,000 | $ 65,000 | $ 83,000 |
| Chesterfield County Virginia | 1 | $ 25,000 | $ 25,000 | $ 77,000 |
| Pittsylvania County Virginia | 1 | $ 285,000 | $ 285,000 | $ 361,000 |
| Southampton County Virginia | 1 | $ 15,000 | $ 15,000 | $ 96,000 |
| Virginia Beach County Virginia | 1 | $ 125,000 | $ 125,000 | $ 89,000 |
| King County Washington | 1 | $ 225,000 | $ 225,000 | $ 186,000 |
| Boone County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 51,000 |
Mortgage Loan Application Detail Totals for Proponent Federal Credit Union in 2020
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 273 | $72,155,000 | $264,000 | $1,175,000 | $164,000 | $800,000 |
| Home Improvement | 224 | $25,670,000 | $114,000 | $935,000 | $140,000 | $530,000 |
| Cash-out Refinancing | 139 | $42,305,000 | $304,000 | $1,065,000 | $145,000 | $420,000 |
| Other Purpose | 126 | $10,790,000 | $85,000 | $505,000 | $141,000 | $1,273,000 |
| Home Purchase | 120 | $37,410,000 | $311,000 | $2,005,000 | $217,000 | $8,060,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 470 | $93,150,000 | $198,000 | $2,005,000 | $168,000 | $8,060,000 |
| Not Provided | 141 | $32,545,000 | $230,000 | $1,175,000 | $158,000 | $622,000 |
| Black or African American | 121 | $20,735,000 | $171,000 | $735,000 | $115,000 | $522,000 |
| Hispanic | 64 | $12,090,000 | $188,000 | $595,000 | $134,000 | $319,000 |
| Asian | 50 | $16,810,000 | $336,000 | $1,135,000 | $200,000 | $480,000 |
| American Indian or Alaskan Native | 3 | $295,000 | $98,000 | $115,000 | $99,000 | $127,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 882 | $188,330,000 | $213,000 | $2,005,000 | $159,000 | $8,060,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 457 | $103,305,000 | $226,000 | $1,195,000 | $159,000 | $622,000 |
| Application Withdrawn By Applicant | 243 | $52,725,000 | $216,000 | $2,005,000 | $144,000 | $1,080,000 |
| Application Denied By Financial Institution | 168 | $29,960,000 | $178,000 | $915,000 | $176,000 | $8,060,000 |
| Application Approved But Not Accepted | 10 | $2,170,000 | $217,000 | $475,000 | $136,000 | $325,000 |
| File Closed For Incompleteness | 4 | $170,000 | $42,000 | $105,000 | $357,000 | $1,273,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 714 | $158,370,000 | $221,000 | $2,005,000 | $155,000 | $1,273,000 |
| Credit History | 50 | $8,580,000 | $171,000 | $705,000 | $117,000 | $549,000 |
| Debt-To-Income Ratio | 48 | $8,290,000 | $172,000 | $645,000 | $84,000 | $282,000 |
| Other | 46 | $9,880,000 | $214,000 | $915,000 | $191,000 | $800,000 |
| Collateral | 13 | $1,205,000 | $92,000 | $305,000 | $114,000 | $295,000 |
| Credit Application Incomplete | 6 | $1,110,000 | $185,000 | $255,000 | $117,000 | $200,000 |
| Unverifiable Information | 2 | $340,000 | $170,000 | $295,000 | $4,213,000 | $8,060,000 |
| Employment History | 1 | $65,000 | $65,000 | $65,000 | $36,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $135,000 | $135,000 | $135,000 | $54,000 | $54,000 |
| Mortgage Insurance Denied | 1 | $355,000 | $355,000 | $355,000 | $175,000 | $175,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Proponent Federal Credit Union's 2020 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Proponent Federal Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.